Extended Enterprise Risk Management Services
Managing third-party risk to accelerate performance
In today’s global business environment, no company is an island. In fact, most organizations use hundreds if not thousands of suppliers to meet business objectives. As the extended enterprise reaches farther and becomes more complex, our Extended Enterprise Risk Management (EERM) Services can help you better understand your risks and take a more strategic approach to third-party risk management.
- How we can help
- Managing third-party risk
- Watch the video
- Accelerating performance through the third-party ecosystem
- Instituting your EERM program
Extended Enterprise Risk Management (EERM)
Deloitte Risk and Financial Advisory provides end-to-end services to help you establish an EERM program or move your existing third-party risk management practices to the next level.
Our risk management services include:
- Strategy and program development solutions to assess, design, and implement a comprehensive EERM program.
- Assessment and monitoring of third parties’ risk profile and potential areas of vulnerability.
- Technology enablement solutions to transform and continuously enhance EERM practices.
We help clients lead, navigate, and disrupt to turn potential threats into opportunities.
How Deloitte can help
Our experienced risk leaders can help you better understand your risks and take a more strategic approach to third-party risk management. We provide end-to-end services to help you establish an EERM program or move your existing third-party risk management practices to the next level.Get started today
Managing third-party risk
Deloitte’s second annual Extended enterprise risk management (EERM) global survey assessed the views of 536 executives responsible for governance and risk management of their extended enterprise. As executives’ focus has shifted from cost to value, the drivers for third-party engagements have shifted as well. As a result, recognizing the strategic opportunity that third parties create for organizations has become increasingly important.
This report looks at how global organizations are addressing the challenges they face in managing third-party risk while remaining agile and competitive in the marketplace.
It highlights five key areas where most organizations need improvement:
- Dependency and vulnerability
- Relationship management
- Governance and risk management processes
- Technology platforms
- Emerging delivery models
Helping you increase your extended enterprise’s performance
Accelerating performance through the third-party ecosystem
Third-party risk is increasing for many enterprises, as are stakeholder demands for accountability. Download the report or watch the companion Dbriefs webcast replay to find out how to assess exposures across your organization and improve business performance through third-party risk management.
Instituting your EERM program
Learning to recognize, anticipate, and manage extended enterprise risk can help dramatically reduce exposure. It can also lead to business improvements that can drive value creation.
How can you “go from zero to thirty”—accelerating from zero to a safe “cruising speed”—within your EERM program? And how can EERM help your organization improve financial performance, reduce regulator and stakeholder scrutiny, enhance brand and reputation, and optimize margins and cost control? Check out this Flip side article and read about three things you can do now to get started:
- Look at your ecosystem and the big picture
- Assign accountability
- Understand your risk posture